Business Overview

Looking for a sustainable business opportunity that is environmentally friendly and recession-proof? Then look no further than Once Upon A Child, the number one kid’s resale franchise that is outfitting millions of happy children (and parents) across North America in high-quality, gently-used kid’s apparel, shoes, toys, equipment, and more! Once Upon A Child® buys and sells gently used kids’ clothing, shoes, toys, and baby gear. Excellent opportunity for owning a fully established and equipped turn-key top-rated children’s franchise in North America. The point of sale system has a built-in pricing matrix, allowing the franchisees and their team to simply enter the items on a touch screen monitor to get a price quote for the customer. This store serves customers from Mesquite, Rockwall, Sunnyvale, Dallas, and the southern Garland area. This business has a database of approximately 50,000 customers. Well-trained staff already in place. The owner spends less than 30 hours a week. The potential for increasing sales is even higher with more effort on marketing besides what the franchisor does at a high level. Sales and cash flow are back at pre-COVID levels for 2021. Please reach out for more details on this excellent business opportunity.

Financial

  • Asking Price: $249,000
  • Cash Flow: $90,000
  • Gross Revenue: $761,500
  • EBITDA: N/A
  • FF&E: $50,000
  • Inventory: $120,000
  • Inventory Included: N/A
  • Established: 2000

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:7,000
  • Lot Size:N/A
  • Total Number of Employees:13
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Very clean, all equipment in great condition and ready for business. Located in a busy location.

Is Support & Training Included:

Buyer required to attend the franchisor training. The owner will provide 2 weeks of training as part of the sale.

Purpose For Selling:

Owner retiring

Pros and Cons:

The franchisor ensures that each store has a good and secured territory. This store actually because of its location serves a very large area that includes customers from Mesquite, Rockwall, Sunnyvale, Dallas, and the southern Garland area.

Opportunities and Growth:

The potential to expand is limitless! The store is located in a great location. They have a database of over 50,000 customers. Active and aggressive marketing can further increase sale.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The business was established in 2000, making the business 22 years old.
The sale shall not include inventory valued at $120,000*, which ins't included in the suggested price.

The company has 13 employees and is situated in a building with disclosed square footage of 7,000 sq ft.
The building is leased by the business for $0.00

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals choose to sell businesses. Nevertheless, the genuine reason vs the one they say to you might be 2 absolutely different things. For instance, they might claim "I have way too many various obligations" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these may simply be reasons to attempt to conceal the reality of transforming demographics, increased competitors, current decrease in incomes, or a range of various other reasons. This is why it is very essential that you not depend totally on a vendor's word, yet rather, make use of the vendor's solution together with your general due diligence. This will repaint an extra sensible picture of the business's existing circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous businesses borrow money in order to cover things such as stock, payroll, accounts payable, etc. Keep in mind that occasionally this can mean that revenue margins are too thin. Many organisations fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that should be satisfied or might lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location attract brand-new consumers? Many times, operating businesses have repeat clients, which form the core of their daily earnings. Specific variables such as new competitors growing up around the location, road building and construction, and staff turn over can influence repeat clients and negatively impact future earnings. One important point to think about is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more people that see the business regularly, the better the possibility to build a returning client base. A final thought is the basic area demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Just how might the regional typical house earnings impact future revenue prospects?